Company Watch - AirTran Airways.Apr 16, 2007 Midwest Rebuffs Latest AirTran Offer Midwest Air Group's board of directors today officially rebuffed AirTran Airways' most recent takeover offer, which the carrier raised earlier this month. Midwest's board and management are encouraging shareholders to follow suit and favor its own stand-alone growth plan over nuptials with AirTran. Apr 13, 2007 AirTran supports raising pilot retirement age AirTran Airways AirTran Airways is a low-cost airline that is a Delaware corporation with headquarters in Orlando, Florida, USA and is a subsidiary of AirTran Holdings. AirTran operates over 750 daily flights throughout the eastern USA and the Midwest, including over 270 daily departures from says it supports the FAA's plan to boost the mandatory retirement A mandatory retirement age is the age at which persons who hold certain jobs or offices are required by statute to step down, or retire. Typically, mandatory retirement ages are justified by the argument that certain occupations are either too dangerous (military personnel) age for commercial pilots to 65. The FAA wants to implement the change in the next two years. Apr 12, 2007 AirTran steps up pressure regarding merger AirTran is stepping up pressure on Midwest directors as they consider a formal response to the April 2 bid of $9 in cash and 0.5842 of an AirTran share for each Midwest share. Midwest is resisting AirTran's bid, saying it does not reflect the true value of the carrier. Apr 11, 2007 AirTran expected to post small Q1 profit: AirTran Airways says it expects to report a small first-quarter profit on April 25. Airline executives say they are encouraged by the carrier's recent revenue and cost performance. Apr 11, 2007 AirTran Airways voiced its support for US FAA's initiative to raise the mandatory retirement age for commercial pilots to 65 from 60. FAA expects to issue a Notice of Proposed Rulemaking A notice of proposed rulemaking or NPRM is issued by law when a regulatory agency of the United States Federal Government wishes to add, remove, or change a rule (or regulation) as part of the rulemaking process. Outside the USA. by year end . The National Pilots Assn., which represents AirTran's 1,400 pilots, recently voted unanimously to allow pilots an additional five years of flying. Meanwhile, the Air Line Pilots Assn. is waiting for the May release of a report prepared by its Age 60 Blue Ribbon blue ribbon denotes highest honor. [Western Folklore: Brewer Dictionary, 127] See : Prize Panel before announcing its position. Currently, ALPA ALPA abbr. Air Line Pilots Association policy supports Age 60. Apr 11, 2007 AirTran to return to first-quarter profitability AirTran Holdings AirTran Holdings (NYSE: AAI) is a Nevada corporation that operates as an airline holding company. Its primary asset is AirTran Airways. History After the large amount of negative publicity surrounding the Flight 592 incident, ValuJet Airlines suffered serious , parent of AirTran Airways, expects to report a "small" first-quarter profit when it releases its results on April 25, it said yesterday. Apr 11, 2007 AirTran Airways flew 1.48 billion RPMs in March, up 22.2% from the year-ago month. Capacity rose 22.9% to 1.9 billion ASMs and load factor fell 0.4 point to 77.7%. Apr 10, 2007 AirTran faces strike three, calls Midwest 'delusional' The board of Midwest Air Group Midwest Air Group, Inc. AMEX: MEH is an airline holding company based in Oak Creek, Wisconsin now controlled by parent company, TPG Capital Texas Pacific Group. Northwest Airlines Inc,. reviewed and unanimously rejected AirTran Holdings' third merger proposal last week, prompting the Atlanta-based carrier to label its target "irresponsible" and "delusional" in a Friday statement. Apr 13, 2007 US consolidation begins with ATA (1) (AT Attachment) The specification for IDE drives. See IDE. (2) See analog telephone adapter. ATA - Advanced Technology Attachment acquisition of World Air Airline consolidation in the US began last week on a smaller scale than the failed mega-merger between US Airways and Delta Air Lines and AirTran Airways' contentious pursuit of Midwest Air Group as ATA Airlines ATA Airlines, Inc., formerly known as American Trans Air, is an American low-cost scheduled service and charter airline based in Indianapolis, Indiana. ATA operates scheduled passenger flights throughout the US mainland and Hawaii, as well as military and commercial charter parent ATA Holdings bought out World Air Holdings, parent of World Airways and North American Airlines North American Airlines is an American airline based in New York City, USA. It operates scheduled international services from the USA to Africa and Guyana, as well as domestic and international charter services and wet lease services. Its main base is John F. , for $315 million in cash or $12.50 per share. Apr 9, 2007 Editor: Aram Gesar, eMail: edit@AirGuideOnline.com For Air Transport & Travel Business Experts contact eMail: bizintel@AirGuideOnline.com For more global news, reviews, features and analysis, please subscribe to our Newsletters: http://www.airguideonline.com/order_formsubs.htm#news To Advertise: advert@AirGuideOnline.com AirGuideFlightTracker is a new, free service that aims to keep travelers informed flight and airport status via the Web. For more go to http://www.airguideonline.com/airline_tracker.htm Copyright [c] 2007 Air Travel Media / Pyramid Media Group. All rights reserved. Apr 9, 2007 |
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